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Other Fields Homework Help Business Topic started by: GoodMad_ on Dec 1, 2016



Title: A balloon payment is one that
Post by: GoodMad_ on Dec 1, 2016
A balloon payment is one that
A) is a "floating" payment, meaning the lender can demand its payment at any time.
B) is paid at the outset of a loan.
C) includes all interest on the loan paid in advance.
D) is usually the last installment payment and generally for an amount much greater than the other monthly payments.


Title: Re: A balloon payment is one that
Post by: imoyse on Dec 1, 2016
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Title: Re: A balloon payment is one that
Post by: GoodMad_ on Jan 12, 2017
Another one bites the dust, as in, it's right :D